Craig

and it's an area that has been in terms of price point a little bit lower in some cases a lot lower than other sydney suburbs but now it's becoming trendy and could be the next surrey hills some of those in the know are saying and local real estate agent jackie wang knows the area pretty well

Good morning, Jackie.

Welcome to the Real Estate Podcast.

Perhaps by starting off, telling us a little bit about your ever-changing patch of real estate and what characteristics have suddenly got people talking.

And talking of those young professionals, I saw that the largest cohort of those professionals make up around 31% coming into the area.

Tell us a little bit about that.

Yes, young professionals certainly are very savvy when it comes to price points.

Now, talking of that, trying to pick and forecast the gentrification of a suburb is vital to get ahead of the market.

And this has been one of the key attributes, I guess, for Ashfield, the whole uptick in gentrification.

So tell us a little bit about that and when that first started to change.

And owner occupiers, it's quite strong, isn't it, in Ashfield?

And there are limited stocks which helps drive up the price.

So what is happening right now with relation to that in Ashfield?

And what about first home buyers?

Because of course, they're seeing this as potentially with the rate rise as a bit of an opportunity.

Have there been opportunities for them to enter the market in your suburb?

And the median house price is $2.08 million.

It's grown 26% over the last 12 months, while the median unit price of $745,000 is up 4.9% year on year.

I mean, that's pretty good growth, isn't it?

Since you've been there, you would have noticed a huge change.